Economic Growth, Inflation and Portfolio Management

April 7, 2024 Update

First, the market. Looking at the NASDAQ weekly chart:

We are at the same levels we were at the end of February. The chart is still healthy from a mid-term perspective but is clearly showing signs of tiredness here, with the MACD indicator that looks ready for a bearish cross. Although volume has been below average in the last few weeks, the chart is sug…